South Korea unveils major energy investment plans in US
UNG•South Korea unveiled plans for a $22.3 billion gas-fired power project in Encinal, Texas, to power AI data centers, with commercial operations slated to begin in 2029.
UNG•UNG•UNG•South Korea unveiled plans for a $22.3 billion gas-fired power project in Encinal, Texas, to power AI data centers, with commercial operations slated to begin in 2029.
South Korea and the US will launch a $22.3 billion gas-fired power project in Encinal, Texas, to directly power artificial intelligence data centers. Initial commercial operations are slated for 2029.
The project is part of a $350 billion strategic investment package designed to secure exemptions from US import tariffs. US President Donald Trump announced the plan at a White House briefing on Wednesday.
